The Writers Guild of America is meeting with Hollywood studios for negotiations on Thursday. Reuters
The Writers Guild of America is meeting with Hollywood studios for negotiations on Thursday. Reuters
The Writers Guild of America is meeting with Hollywood studios for negotiations on Thursday. Reuters
The Writers Guild of America is meeting with Hollywood studios for negotiations on Thursday. Reuters

How hard have the Hollywood strikes hit the box office?


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Welcome to the weirdest Hollywood autumn on record. Since the WGA and the Sag-Aftra unions pulled their members out on strike, the film industry has been decimated, with writers and actors manning picket lines.

Hollywood productions like Ridley Scott’s sequel Gladiator 2 have ground to a halt, while blockbusters such as Dune: Part Two have been bumped to next year, bringing back memories of the release-date shuffle of the pandemic era.

Even TV can’t escape, with Amazon Studios announcing this week that its Mr and Mrs Smith reboot is moving to 2024.

Undoubtedly, the strike is devastating for the industry, especially crews left unemployed, unsure when pay and other issues between creatives and the studios will be resolved.

This month, the Venice and Toronto film festivals were removed of the usual glamour, with actors – Emma Stone, for example, in the Venice-winning Poor Things – unable to walk the red carpet and engage in the usual promotional activity. Only a handful were permitted to attend the festivals, as per union rules, with certain independent projects granted waivers by Sag-Aftra.

The question is, how is this lack of promotion affecting the movies?

When the Sag strike was called on July 14, it coincided with the London premiere of Christopher Nolan’s Oppenheimer, meaning that the cast were hurried along the red carpet before having to leave. As the film’s staggering box office success ($912 million and counting) has shown, the cast presence wasn’t essential to its success.

Of course, you can – and should – argue that Nolan is a one-off, a box office machine with a legion of loyal fans. The whole "Barbenheimer" phenomenon, as moviegoers flocked back to cinemas buying tickets to see Nolan’s film and Barbie, didn’t hurt either.

This image released by Universal Pictures shows Cillian Murphy in a scene from Oppenheimer. AP
This image released by Universal Pictures shows Cillian Murphy in a scene from Oppenheimer. AP

What about films that have come since?

Take The Equalizer 3, the third in the action franchise starring Denzel Washington as a streetwise vigilante, based on the 1980s TV series with Edward Woodward.

Opening in the late summer, the film has grossed more than $132 million to date, putting it on a par with its predecessors, all without Washington walking the red carpet, pitching up on chat shows or doing any press junket. It just goes to show that star power still counts for something, as Washington’s fans came out in spite of his no-show on the publicity circuit.

It hasn’t been like this for every movie, however. Disney’s remake of the family-friendly spook-fest The Haunted Mansion was one of the first films hit by the strikes, with the cast, including Danny DeVito, unable to press the flesh. Instead, a premiere was held in their absence, with Disney characters like Mickey Mouse (well, some poor so-and-so in a costume) called upon to pose for photographers.

OK, needs must, as they say, but for a film that already had middling reviews, it was never likely to draw in audiences. On its opening weekend, it took just $33.3 million, the worst bow this year for a Disney movie.

Actors, it seems, are still a precious promotional commodity – at least those with huge social media followings. Originally intended to open Venice, Warners title Challengers shifted to next year, undoubtedly because the studio feels a campaign with star Zendaya (185 million Instagram followers) rather than without her will benefit this relatively small-scale film.

Zendaya also features in the sci-fi sequel Dune: Part Two, alongside Timothee Chalamet, Elvis’ Austin Butler and Lea Seydoux. The value of these stars at a flashy premiere, with pictures beaming around the world, hints at why Warners and producers Legendary Pictures delayed the film’s release.

Not every blockbuster is being moved, though. Gareth Edwards’ forthcoming sci-fi The Creator, featuring Denzel’s son John David Washington, has stuck to its late September release slot, the thinking being that the director of Godzilla and Rogue One is the real star here.

Meanwhile, during Venice, Disney subsidiary Searchlight brought out various HODs (Head of Department) to help promote Poor Things – creatives like cinematographer Robbie Ryan and costume designer Holly Waddington, who are not normally used to being in the spotlight.

Even before the strike, social media influencers – who have their own sizeable followings – were courted by studios to promote movies. That will surely only increase as the strike takes hold.

In some cases advocacy groups are also being engaged: The National Association of Latino Independent Producers, for example, helped get the word out about Blue Beetle, the first superhero movie that truly represented that culture. Even exhibitors are having to get creative (in the US, AMC cinema paired with retailer Walmart to sell branded popcorn).

For sure, nobody wants to see this go on. The quicker the strikes can be resolved, the better for all.

KINGDOM%20OF%20THE%20PLANET%20OF%20THE%20APES
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Profile of Tamatem

Date started: March 2013

Founder: Hussam Hammo

Based: Amman, Jordan

Employees: 55

Funding: $6m

Funders: Wamda Capital, Modern Electronics (part of Al Falaisah Group) and North Base Media

The Florida Project

Director: Sean Baker

Starring: Bria Vinaite, Brooklynn Prince, Willem Dafoe

Four stars

The biog

Favourite food: Tabbouleh, greek salad and sushi

Favourite TV show: That 70s Show

Favourite animal: Ferrets, they are smart, sensitive, playful and loving

Favourite holiday destination: Seychelles, my resolution for 2020 is to visit as many spiritual retreats and animal shelters across the world as I can

Name of first pet: Eddy, a Persian cat that showed up at our home

Favourite dog breed: I love them all - if I had to pick Yorkshire terrier for small dogs and St Bernard's for big

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

Ultra processed foods

- Carbonated drinks, sweet or savoury packaged snacks, confectionery, mass-produced packaged breads and buns 

- margarines and spreads; cookies, biscuits, pastries, cakes, and cake mixes, breakfast cereals, cereal and energy bars;

- energy drinks, milk drinks, fruit yoghurts and fruit drinks, cocoa drinks, meat and chicken extracts and instant sauces

- infant formulas and follow-on milks, health and slimming products such as powdered or fortified meal and dish substitutes,

- many ready-to-heat products including pre-prepared pies and pasta and pizza dishes, poultry and fish nuggets and sticks, sausages, burgers, hot dogs, and other reconstituted meat products, powdered and packaged instant soups, noodles and desserts.

Moon Music

Artist: Coldplay

Label: Parlophone/Atlantic

Number of tracks: 10

Rating: 3/5

The biog

Age: 19 

Profession: medical student at UAE university 

Favourite book: The Ocean at The End of The Lane by Neil Gaiman

Role model: Parents, followed by Fazza (Shiekh Hamdan bin Mohammed)

Favourite poet: Edger Allen Poe 

The Penguin

Starring: Colin Farrell, Cristin Milioti, Rhenzy Feliz

Creator: Lauren LeFranc

Rating: 4/5

The bio

Favourite book: Peter Rabbit. I used to read it to my three children and still read it myself. If I am feeling down it brings back good memories.

Best thing about your job: Getting to help people. My mum always told me never to pass up an opportunity to do a good deed.

Best part of life in the UAE: The weather. The constant sunshine is amazing and there is always something to do, you have so many options when it comes to how to spend your day.

Favourite holiday destination: Malaysia. I went there for my honeymoon and ended up volunteering to teach local children for a few hours each day. It is such a special place and I plan to retire there one day.

MATCH INFO

Uefa Champions League semi-final, second leg result:

Ajax 2-3 Tottenham

Tottenham advance on away goals rule after tie ends 3-3 on aggregate

Final: June 1, Madrid

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Our legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants

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F1 The Movie

Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem

Director: Joseph Kosinski

Rating: 4/5

Company profile

Date started: January, 2014

Founders: Mike Dawson, Varuna Singh, and Benita Rowe

Based: Dubai

Sector: Education technology

Size: Five employees

Investment: $100,000 from the ExpoLive Innovation Grant programme in 2018 and an initial $30,000 pre-seed investment from the Turn8 Accelerator in 2014. Most of the projects are government funded.

Partners/incubators: Turn8 Accelerator; In5 Innovation Centre; Expo Live Innovation Impact Grant Programme; Dubai Future Accelerators; FHI 360; VSO and Consult and Coach for a Cause (C3)

SPECS

Engine: 4-litre V8 twin-turbo
Power: 630hp
Torque: 850Nm
Transmission: 8-speed Tiptronic automatic
Price: From Dh599,000
On sale: Now

While you're here
UAE currency: the story behind the money in your pockets
Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

The story of Edge

Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, established Edge in 2019.

It brought together 25 state-owned and independent companies specialising in weapons systems, cyber protection and electronic warfare.

Edge has an annual revenue of $5 billion and employs more than 12,000 people.

Some of the companies include Nimr, a maker of armoured vehicles, Caracal, which manufactures guns and ammunitions company, Lahab

 

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

The%20specs%20
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Lexus LX700h specs

Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor

Power: 464hp at 5,200rpm

Torque: 790Nm from 2,000-3,600rpm

Transmission: 10-speed auto

Fuel consumption: 11.7L/100km

On sale: Now

Price: From Dh590,000

MATCH INFO

Euro 2020 qualifier

Croatia v Hungary, Thursday, 10.45pm, UAE

TV: Match on BeIN Sports

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Updated: September 21, 2023, 7:04 AM